Minesto AB (publ)

Minesto AB (publ)verified

MINEST.ST

Price:

$0.69

Market Cap:

$140.62M

Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, Northern Ireland, and Taiwan. Its Deep Green technology produces electricity from slow tidal streams and ocean currents through a turbine. The company was founded in 2007 and is headquartered in Gothenburg, Sweden.

Industry

Renewable Utilities

IPO Date

2015-11-09

Stock Exchange

STO

Ticker

MINEST.ST

The ROE as of December 2025 (TTM) for Minesto AB (publ) (MINEST.ST) is -5.93%

According to Minesto AB (publ)’s latest financial reports and current stock price. The company's current ROE is -5.93%. This represents a change of 429.46% compared to the average of -1.12% of the last 4 quarters.

Minesto AB (publ) (MINEST.ST) Historical ROE (quarterly & annually)

How has MINEST.ST ROE performed in the past?

The mean historical ROE of Minesto AB (publ) over the last ten years is -8.28%. The current -5.93% ROE has changed -28.38% with respect to the historical average. Over the past ten years (40 quarters), MINEST.ST's ROE was at its highest in in the December 2016 quarter at 5.13%. The ROE was at its lowest in in the December 2019 quarter at -22.32%.

Quarterly (TTM)
Annual

Average

-8.28%

Median

-5.77%

Minimum

-25.07%

Maximum

-2.78%

Minesto AB (publ) (MINEST.ST) ROE by Quarter and Year

Discovering the peaks and valleys of Minesto AB (publ) ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 593.30%

Maximum Annual ROE = -2.78%

Minimum Annual Increase = -87.11%

Minimum Annual ROE = -25.07%

Quarterly (TTM)
Annual
YearROEChange
2024-6.35%22.37%
2023-5.19%-72.14%
2022-18.63%570.92%
2021-2.78%-14.07%
2020-3.23%-87.11%
2019-25.07%593.30%
2018-3.62%15.61%
2017-3.13%-55.16%
2016-6.98%-10.86%
2015-7.83%-31.40%

Minesto AB (publ) (MINEST.ST) Average ROE

How has MINEST.ST ROE performed in the past?

The current ROE of Minesto AB (publ) (MINEST.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-10.05%

5-year avg

-7.23%

10-year avg

-8.28%

Minesto AB (publ) (MINEST.ST) ROE vs. Peers

How is MINEST.ST’s ROE compared to its peers?

Minesto AB (publ)’s ROE is less than SolTech Energy Sweden AB (publ) (0%), less than Eolus Vind AB (publ) (0%), less than Climeon AB (publ) (0%), less than PowerCell Sweden AB (publ) (0%), less than null (0%), greater than null (-55.36%), less than null (11.90%), greater than null (-48.00%), greater than null (-1.51%),

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